08:10 AM EDT, 06/23/2025 (MT Newswires) -- Goliath Resources ( GOTRF ) provided Monday the first set of results from its re-logging program at the Surebet discovery within the Golddigger property in British Columbia.
A statement noted highlights include 6.31 grams per tonne (g/t) gold equivalent over 14.35 meters, including 11.36 g/t gold equivalent over 7.85 meters from a gold-rich intrusive feeder dyke.
Goliath said this gold-rich interval is the first of multiple drill holes containing gold visible to the naked eye over broad intervals identified in 2025.
"These latest results from Surebet are incredibly exciting and further validates our geological model for a robust, district-scale mineralizing system," said Roger Rosmus, founder and CEO of Goliath.
"The discovery of new high-grade intercepts within the feeder dykes, coupled with the widespread visible gold in our re-logging program and the identification of new mineralized host rocks like the calc-silicate breccia, confirms the excellent additional discovery potential of gold mineralization.
"We are particularly encouraged by the consistent presence of visible gold across multiple campaigns and its direct correlation with high-grade assays. Our aggressive 2025 drill campaign is designed to unlock the full potential of this exceptional project, aiming to identify the Motherlode gold source and continue expanding the known mineralization both laterally and at depth."
We are particularly encouraged by the consistent presence of visible gold across multiple campaigns and its direct correlation with high-grade assays. Our aggressive 2025 drill campaign is designed to unlock the full potential of this exceptional project, aiming to identify the Motherlode gold source and continue expanding the known mineralization both laterally and at depth."
Dr. Quinton Hennigh, Geologic & Technical Advisor to Crescat Capital, a strategic investor in Goliath, said: "The Surebet gold system continues to reveal its remarkable character, one that now points to a direct genetic link to a gold-rich intrusive source. While the numerous stacked low-angle gold lodes remain a principal focus of exploration for Goliath, the more recent revelation that significant gold mineralization is hosted by subtle quartz stockwork veins hosted within a series of near vertical dikes is quickly taking shape. Recently, the Company has been diligently relogging and assaying previously unanalyzed intervals of core from holes drilled within the past few years with a focus on zones of quartz veining occurring within such dykes. Hole GD-22-64, which now reports 6.31 g/t AuEq over 14.35 meters including 11.36 g/t AuEq over 7.85 meters, is a prime example of how important this style of mineralization is becoming at the Surebet Discovery. Many more such dike-hosted mineralized zones are being recognized in relogging of older drill holes as well as newly drilled holes completed this season. Goliath is a great story that keeps getting better with each exploration season."
Goliath said the 2025 planned drill program will include 40,000 meters of systematic drilling designed to outline in detail the full geometry and extent of the Surebet discovery laterally and to depth.